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View Full Version : When to upgrade to MT5?



paypaybnf
09-08-2012 10:04, 10:04 AM
I have been trading only for a month or two and have experienced the most success using an MT4 platform. I am wondering if upgrading (and going to the hassle of setting it up) is something I want to spend some time on? Anyone using MT5 and seeing advantages over MT4?

paypaybnf
10-02-2021 13:22, 01:22 PM
Intense, MT5 can't be hedged with by you? Isn't that up to this broker?

memius
10-02-2021 14:42, 02:42 PM
Because most broker still dont encourage MT5 however and there is not much of a big difference for non-EA traders involving MT4 and MT5, I'd stick with MT4.

Mafajalao8
10-02-2021 16:03, 04:03 PM
Serious, you can not hedge with MT5? Isn't that up to the broker? There is absolutely not any way you can keep two positions in contrary direction in one currency pair in MT5.

Oxnlllijemas17
10-02-2021 17:24, 05:24 PM
there isn't any way you can keep two positions in opposite direction in 1 currency pair in MT5. This is one major reason MT5 has not been widely accepted.

paypaybnf
10-02-2021 18:45, 06:45 PM
Thanks. I will return to learning more about EA's https://www.nigeriaforextrading.com/attachments/1527247015.png

alvamo
10-02-2021 20:05, 08:05 PM
Yes in MT5 a Single cann't hedge because MT5 is programmed to comply with CFTC Principles and this is among the reasons why traders Won't Ever be profitable Utilizing MT5

Mafajalao8
10-02-2021 21:26, 09:26 PM
why traders won't ever be profitable utilizing MT5 Is it a joke?

jllus8
10-02-2021 22:47, 10:47 PM
Okay In that case I won't ever upgrade to mt5https://www.nigeriaforextrading.com/attachments/1527247015.png

alvamo
10-03-2021 00:08, 12:08 AM
Originally Posted by https://www.nigeriaforextrading.com/bitcoin-talk-and-cryptocurrencies/232-difference-pips-moving-average.html
why traders won't ever be profitable utilizing MT5

It is not a joke enivid you will lose nearly all of your money trading with MT5, you can simply open a demo with any broker to check it and compare the excecution works in MT5 using MT4.

ebb95
10-03-2021 01:28, 01:28 AM
Originally Posted by Hay https://www.nigeriaforextrading.com/forex-brokers/88-forex-brokers-dubai.html
why traders will never be profitable utilizing MT5

it isn't a joke enivid you'll lose almost all of your money trading with MT5, you can simply open a demo together with any broker to test it and compare the excecution functions in MT5 with MT4.
I believe you want to back up this statement with a few examples. Blindly making unsupported claims on these forums is all too prevalent.

Mafajalao8
10-03-2021 02:49, 02:49 AM
Originally Posted by Hay https://www.nigeriaforextrading.com/bitcoin-talk-and-cryptocurrencies/260-laguerre-alert.html
why traders won't ever be profitable utilizing MT5

It is not a joke you will lose nearly all your money trading with MT5, you may just open a demo with any broker to check it and compare the excecution functions in MT5 with MT4. A troll? Just look here:
http://championship.mql5.com/2012/
About ~200 profitable MT5 demo accounts .

alvamo
10-03-2021 04:10, 04:10 AM
CodeMeister

Originally Posted by https://www.nigeriaforextrading.com/bitcoin-talk-and-cryptocurrencies/234-rainbow-consolidation-ninjatrader.html
Originally Posted by https://www.nigeriaforextrading.com/trading-system-and-egies/34-ultimate-solution-martingale-trend-2-1-a.html
why traders won't ever be profitable utilizing MT5

it isn't a joke enivid you will lose nearly all of your money trading with MT5, you can just open a demonion with any broker to check it and compare the excecution works in MT5 with MT4.

I believe you need to back up this statement with a few examples. Blindly making unsupported claims on such forums is all too common.

I believe CodeMeister you will not disagrree to notify the public and the forums that MT5 was programmed to comply to CFTC rules?

lalisopk
10-03-2021 05:31, 05:31 AM
The same results you are going to get with a coin toss: half-half. It informs about MT5.

Have a look at just how a lot of those have to have been margin called already from the very first week and they did not. Adjusted rules for contest (read advertising )? I sure would like to get a broker that does not have a margin call. So far they did not show anything that could convince anybody serious to migrate. I wonder why...


A troll? Just look here:
http://championship.mql5.com/2012/
About ~200 profitable MT5 demo accounts there.

cabmema
10-03-2021 06:52, 06:52 AM
So you can't have hedged places in MT5? What about FIFO?

Oxnlllijemas17
10-03-2021 08:12, 08:12 AM
Originally Posted by Hay https://www.nigeriaforextrading.com/bitcoin-talk-and-cryptocurrencies/249-indior-help.html
why traders won't ever be profitable utilizing MT5

It is not a joke enivid you will lose almost all of your cash trading with MT5, you can just start a demo with any broker to check it and compare the excecution functions in MT5 with MT4. I think it's something to do with this fact that just a few russian bucketshops are offering MT5 right now.

ebb95
10-03-2021 09:33, 09:33 AM
I believe that you will not disagrree to inform the people and the forums which MT5 was designed to comply with CFTC rules? I was not conscious that CFTC rules made all traders eliminate money. Its had no effect on several more and me. Its tougher to earn money, but no more simpler to lose. Maybe some traders couldn't make the adjustment?

alvamo
10-03-2021 10:54, 10:54 AM
I wasn't aware that CFTC rules made all traders lose money. Its had no effect on me and many more. Its tougher to make money, but no more simpler to shed. Maybe some traders couldn't make the adjustment?
You will do the people and the forums a much better support if it's possible to explain MT5 excecution functions to them.

ebb95
10-03-2021 12:15, 12:15 PM
The public do not want to know about MT5. They only appear interested in Bieber, Lohan and the royals.

ibaiibai
10-03-2021 13:35, 01:35 PM
Since assumablely you're hired or you're a broker or merely an individual promoting the use of MT5, that is Why you should clarify the excecution works in MT5 into the forums and the general public. You're the clown with a beef about the trading works so why don't you articulate your problem together, and not the unfounded one you created earlier about losing all of your money since you can't hedge....

Edit: and I like I stated before you obviously do not know exactly what a hedge is...

pablolmga
10-03-2021 14:56, 02:56 PM
What a fantastic read I particularly like the impliion that traders may simply make money by hedging.... What a statement. Then the idea that hedging is taking a reverse trade at the exact same security.... Wake up that is not hedging it's paying to go flat.... Exactly. https://www.nigeriaforextrading.com/attachments/1527247439.png

alvamo
10-03-2021 16:17, 04:17 PM
I reckon it's pretty impossible to describe something that isn't antecedently defined. As a salesman or promoter of MT5 and failing to describe in details the excecution functions of MT5 to the general public shows certainly a RED SIGNAL to all proved that MT5 is an ABERRATION form of trading platform.Good bye

mogmaymo
10-03-2021 17:38, 05:38 PM
I think selection of MT4 or MT5 certainly depends on your view on locking of positions. Because that is unavailable in MT5.
Along with all the progr (and there are a lot of these for MT4) don't work in MT5.
I would rather wait a while with this updating thing...

Mafajalao8
10-03-2021 18:59, 06:59 PM
As a salesman or promoter of MT5 and failing to explain in details the excecution functions of MT5 to the public shows clearly a RED SIGNAL to all and demoned that MT5 is an ABERRATION kind of trading platform.Good bye Yeah, tie it to a stake and let it burnoff!

alvamo
10-03-2021 20:19, 08:19 PM
Traders you need to all know about these crook, rogue and mush room brokers telling you they include this and that or you can do this and that in MT5.-Especially the new inexperience traders there's a significant trap in the implementation acts in MT5 be very careful MT5 is programmed to tear off traders by the people that programmed MT5.

Zocolozano
10-03-2021 21:40, 09:40 PM
MT5 is comprising Hedging currently:

https://www.metatrader5.com/en/news/715

Mafajalao8
10-03-2021 23:01, 11:01 PM
It is worth converting in the event that you'd like to use simple trading and better EA optimization and do not take care of no-hedging rule.